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Seth Walters

 
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  • The Latest Unsustainable Trend [View article]
    It doesn't have to be sustainable. If the companies think they are getting a "good deal" on their own shares now while monetary policy is still so easy and lending rates are low, there is nothing wrong with share repurchasing. I do not think anyone has any particular expectation that it will go on forever. Rates will rise, and when they do financing costs for everything will be higher. It makes a lot of sense for any company to "get while the getting's good".
    Aug 15 03:20 PM | 10 Likes Like |Link to Comment
  • An End To Our Relationship With Yahoo, A New Era For Equity Research [View article]
    I for one would like to applaud Seeking Alpha for this move. The motivation behind it is to enable the reader base to allocate their own capital into better investments, rather than simply to generate revenue from clicks. Better capital allocation is a social good, because a rising stock price essentially allows a company to expand more/faster by increasing the value of its stock options / allowing it to get better terms on loans, etc. Allowing the right companies to expand helps generate economic growth, and the magic of compounding ensures that even small incremental improvements to the economic growth rate will have large effects on the future. There is the potential for everyone to benefit a small amount from this kind of behavior, and a good life is made up of many small benefits.

    Well done Seeking Alpha.
    Jul 25 06:53 PM | 5 Likes Like |Link to Comment
  • Why Solazyme Expects To Make An Impact In Food Applications [View article]
    Do you want to eat it? lol
    Jun 23 03:43 PM | Likes Like |Link to Comment
  • Why Solazyme Expects To Make An Impact In Food Applications [View article]
    I do not think algal flour is going to be very popular, and the health benefits seem highly speculative. Eggs are an excellent source of several important nutrients, delicious, and as far as I can tell, not particularly harmful when consumed as part of one's diet. The negative health impacts of dietary cholesterol to a healthy human are dramatically overstated from what I can tell. Your body in fact makes its own cholesterol, and lots of it.
    Jun 23 03:02 PM | 2 Likes Like |Link to Comment
  • Report: Verizon "very interested" in Dish's spectrum [View news story]
    If the spectrum is owned in perpetuity and the value of something is equal to the value of future cashflow, the spectrum would appear to have a very high value indeed.
    Jun 20 10:18 PM | Likes Like |Link to Comment
  • Sell-side questions $10B penalty for Citi [View news story]
    This is silly. If there was wrongdoing, there need to be serious criminal charges against people. Levying fines on banks is window dressing and hurts no one but the shareholders.
    Jun 16 02:22 PM | 2 Likes Like |Link to Comment
  • Russia: Cost Of Victory [View article]
    The winner is the one who survives.
    Jun 3 04:34 PM | Likes Like |Link to Comment
  • EPA to propose power plant emission cuts [View news story]
    Cool, someone can hang a bunch of solar panels around a coal plant and hit the new emissions target without reducing plant utilization. I'm sure US energy needs will keep growing.
    Jun 2 04:31 AM | Likes Like |Link to Comment
  • P&G keeping costs down during green transition [View news story]
    America's companies continue to eat their seed corn. A bitter harvest will be reaped.
    Jun 1 01:30 PM | 2 Likes Like |Link to Comment
  • Ugly week continues for the yellow metal [View news story]
    I can get chicken breast for under $3 a lb, cheese for $4 a lb and sometimes under, bulk whole grains for about $1 a lb (and delivered to me)... Vegetables are not that expensive. Fresh sustainable seafood is cheaply available from a local Japanese market. I'm not seeing a significant amount of food inflation, really.
    May 31 01:49 PM | 1 Like Like |Link to Comment
  • Afraid Of A Market Decline? Consider These Alternatives [View article]
    That's an interesting point, User. What we really care about is how correlated asset prices become during crashes or sharp market declines.
    May 25 07:17 PM | Likes Like |Link to Comment
  • The FOMC Is Plotting 'Normalization' [View article]
    I agree that hyperinflation is not likely to happen in the United States, but failure to normalize policy and endless money printing would eventually lead to hyperinflation if the money were allowed to circulate, given a sufficient amount printed. Of course, if the money is not allowed to circulate but kept in the banks, then the banks have an infinite supply of money and do not need to lend at interest to make more, and thus their risk in making money is removed and they cease to exist as useful institutions. Policy needs to be normalized to force the banking system to actually make credit available to people who need credit if it wants to make an income, and probably for a lot of other reasons I don't understand. But this article argues that normalization is bad in general, and is being done for no reason. I think the reasons are pretty clear - QE causes economic distortions and could potentially create a currency value risk if done to infinity.
    May 25 06:40 PM | Likes Like |Link to Comment
  • FT: Errors place doubt on Piketty's theory about rising inequality [View news story]
    Those who have used market returns to amass large amounts of capital do so on the back of others consumption. If no one consumed and everyone only saved there would be no economy and no economic growth. Some people must consume and some people must be misers. It is impossible for everyone to build up intergenerational wealth because wealth growth is predicated on high consumption of "others". Consumption should not be stigmatized, but encouraged. The role of the taxation policy is to prevent wealth from becoming unfairly concentrated. The tax policy must be adjusted to fix this problem, because it ultimately chokes off growth, and that is bad for everyone.
    May 25 12:53 PM | 9 Likes Like |Link to Comment
  • The FOMC Is Plotting 'Normalization' [View article]
    Printing money is great if you want to be Zimbabwe.
    May 25 12:42 PM | 5 Likes Like |Link to Comment
  • Goldman with big D.C. push for commodities [View news story]
    Oh man that would be entertaining. I would love to hear someone explain to me how they were adding value to a market by skimming billions off the top. Then again that is what congress does too... 8% of tax money never leaves little ol DC, haha. "So you see, honorable congressman, Goldman Sachs is much like the US congress in our operations. We're doing GOD'S work". And the congressman nods sagely and strokes his fat purse.
    May 23 09:55 AM | 4 Likes Like |Link to Comment
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675 Comments
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